The ES is down tonight...AGAIN!

Discussion in 'Index Futures' started by blowingup2012, Apr 23, 2012.

  1. Looks like we are in for another one of those days.
  2. Down .18%

  3. The ES is down only 2.75.

    Over the last 5 trading days the ES has had a trading range of 30.75.

    Over the last 10 trading days the ES has had a trading range of 37.50.

    The market has thus gone nowhere for 2 weeks, so do you think that on Monday we will actually have a day that does go somewhere?
  4. Id prefer if we were down around 5-10 handles by morning.

    Increases the odds of a good gap fill rally that is actually tradeable. ;)
  5. i thought the exchange was down

    guess thats all thats bothering me! :p
  6. [​IMG]
  7. I was right!
  8. What positions do you have on to capitalize on this overnight gap down?

  9. He didn't have a position.

    I'm sitting here waiting to see if we get any buyers off 1352.50 to scalp a couple longs.

    But really, were most likely heading for 1334 before any real rally and playing bounces in a market falling like a rock is going to be tricky.
  10. lwlee


    Markets are looking to retest recent 4/10 lows.

    Dow and Russell are close. Nasdaq and DAX have broken through.

    Definitely bearish.
    #10     Apr 23, 2012